The parent company of the Guardian and Observer cut its losses by more than a third to £45m in the last financial year and more than quadrupled its number of paying members, as it seeks to break even within two years. Guardian Media Group said total revenues increased by 2.4% to £214.5m in the year to 2 April, thanks to the popularity of its membership scheme, one-off contributions and growth in international operations
Three red-tops – the Sun, Daily Sport and Daily Record – all reported declines of more than 10%. The Mirror recorded a much smaller fall, down 6.74% to 897,786. Last month, the Mirror distributed 45,000 bulk copies to places such as airports, up from 42,000 the previous March.
The Guardian has overhauled its site, trumpeting a flurry of advertising opportunities it hopes will fuel on-going efforts to sell advertisers on reader attention not clicks
Guardian News & Media has launched a new membership programme with three tiers, from free to £60 a month, that give readers access to a range of events and activities
The Guardian is expected to report an increase in digital revenues of more than a quarter to almost £70m in the last year, as the future of its national newspaper titles is secured for the forseeable future following a £619m cash injection. Guardian News & Media – the publisher of the Guardian, Observer and the […]
News UK chief executive Mike Darcey has called the Guardian and Daily Mail digital “minnows”
News UK chief executive Mike Darcey has called the Guardian and Daily Mail digital “minnows”
Harper Collins UK new CEO Charlie Redmayne warns publishers against letting digital rivals steal their role of storytelling – publishers must take back their space by going beyond ebooks to apps, games and video
